Insights and Stories on USDA

U.S. grains: Corn continues upward on USDA acreage data, weather worries

Jul. 1, 2020 at 3:44 pm CDT

Chicago | Reuters — U.S. corn futures extended a rally on Wednesday to their highest in more than three months after a steeper-than-expected reduction to the U.S. government’s 2020 corn acreage estimate, analysts said. Soybeans and wheat gained after the U.S. Department of Agriculture’s acreage report on Tuesday also showed […]

U.S. grains: Corn, soy climb on smaller-than-expected acreage view

Jun. 30, 2020 at 8:31 pm CDT

By Christopher Walljasper

U.S. livestock: Cattle futures drift lower as corn prices soar

Jun. 30, 2020 at 8:27 pm CDT

By Christopher Walljasper

U.S. grains: Corn, wheat end higher ahead of USDA reports

Jun. 29, 2020 at 8:13 pm CDT

By Christopher Walljasper

U.S. grains: Corn, soybeans sink on Midwest weather

Jun. 26, 2020 at 4:19 pm CDT

By Karl Plume

U.S. livestock: Hogs mostly higher ahead of USDA inventory data

Jun. 25, 2020 at 5:33 pm CDT

Chicago | Reuters — U.S. lean hog futures were mostly higher on Thursday, lifted by firmer cash hog markets and position squaring ahead of a quarterly hog inventory report that was released after the close. Futures have been sliding for most of the past two months as hog supplies swelled […]

By Karl Plume

CBOT weekly outlook: Corn, soy in ‘Groundhog Day’ mode ahead of report

Jun. 24, 2020 at 10:40 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade are biding their time in narrow, rangebound trade, awaiting updated acreage and stocks data from the U.S. Department of Agriculture later in the month. “It’s almost like Groundhog Day,” said Terry Reilly of Futures International in Chicago, referring […]

By Phil Franz-Warkentin

U.S. senators question packers over exports to China during pandemic

Jun. 24, 2020 at 9:22 pm CDT

Chicago | Reuters — Two prominent U.S. Senate Democrats are pressing America’s top meatpackers to disclose by month’s end how much pork, beef and chicken they shipped to China during the coronavirus outbreak while warning of possible meat shortages at home. The request from Senators Elizabeth Warren and Cory Booker […]

By Tom Polansek

U.S. grains: Soy, corn slump on crop weather, economic concerns

Jun. 24, 2020 at 8:31 pm CDT

Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil […]

By Karl Plume

U.S. livestock: Futures rise as frozen meat stocks decline

Jun. 23, 2020 at 5:56 pm CDT

Chicago | Reuters — U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and beef. The USDA stocks report, released after the close on Monday, showed a record-large drop in […]

By Karl Plume